Big Data And Health – A Huge Change!

Big data is changing health care and how we deal with patient info for the better and here are three of the most prominent ways it’s doing so

1) Patient-Centric Care: Value-Based

The goal of the modern healthcare system is to offer optimal health care benefits via the use of health and information technology to improve the quality of healthcare and coordinate between all medical providers to ensure that the outcome is consistent with the current knowledge base for healthcare.

By reducing the overall cost of healthcare and avoiding overuse, providers are able to offer support for the reformed payment structures that can help to alleviate the need for more charges in the patient’s charts.

Offering support for the reformed structures health payors like the insurance companies as well as the public health systems such as Medicare and Medicaid, are in the stages of shifting over from fee-based services to those that are more value based. Such incentives will offer higher quality medical care as well as patient care and they will demonstrate a more meaningful use of the electronic healthcare record system. Utilizing this approach will require improvements in both reporting as well as claims processing and data management. This will help to automate the system and put the focus on a more value-based healthcare system that will then correspond with an increase in the focus toward patient-centric healthcare. By utilizing such technology and putting the focus on the process of the patient care, a clinic can help to personalize the healthcare and deliver the right medical treatments to the patients. This will in turn help to streamline the billing system as well as the delivery system. By working together with all of these the patient care level will improve and the patients will be healthier.

The goal is to move from the long-standing fee for services practices where the payments are made directly to the providers and have providers treat all patients equally regardless of whether they can pay or not. To do this, there must be an improvement of the quality of the services that will boost the overall health of all patients and thus help to reduce the costs of medical care as we know it today. There are many great digital solutions to this healthcare and it can greatly improve the patient level of care. When providers can recoup their investment they will put more effort into the overall treatment protocol. Reward the leaders for their improvements rather than for their transformations in healthcare.

The current level of thinking has been based on a long-standing payment practice that has begun to change the overall view of healthcare as we know it today. This, in turn, offers up a robust digital transformation that bases healthcare on what the patient needs.

2) Healthcare Internet Of Things Or IOT

As the Internet has become more industrialized, such terms are taking on a new meaning that refers to the rapid changes and integration of smart and interconnected devices and the sensors that help to stem the tidal wave of data that are increasing over the mobilization of such devices and thus to the people themselves.

IOT could actually top $120 billion in a mere four years according to some of the estimates. Most of the data is created by the IOT as an unstructured nature. It creates a major role for the Hadoop and the advanced data analytics that work within the Hadoop framework.

Thanks to modern technology, there are are many devices that can help to monitor such behaviors as glucose monitors to fetal monitors to blood pressure and electrocardiograms. All of these can require follow-up visits with healthcare providers who will then discuss the overall results directly with the patient themselves and go over the treatment options for such conditions as diabetes and high-risk pregnancies. This can, in turn, lead to fewer requirements for direct physician intervention and possible reduce the requirement for more follow-up care. This, in turn, can result in huge savings all the way around. Many of these visits can then be replaced with a simple phone call that goes over the data that was sent in by the monitors. Medications can be taken from smart dispensers and patients can focus on living in lieu of serious issues resulting from miscommunication. If they have any concerns, they can consult with their healthcare provider via a telephone.

3) Waste Reduction, Abuse And Fraud Reduction

With the cost of fraud and waste and abuse in the healthcare system, there are many ways that the big data analytics are changing the overall look for the healthcare industry. Centers for Medicare and for Medicaid services have helped to prevent more than $210.l7 million in the market by using predictive analytics. UnitedHealthcare has transitioned from predicting the market to identifying the overall needs of their patients by analyzing the data that is being generated and thus enjoying a 2200 percent return on the data technology that has taught them how to analyze and store the information.

The industry is now analyzing both patient records and the billing methods that show the anomalies like overutilization and the services that can be adjusted to meet the growing needs of the communities that they serve.

This can include both fraud prevention as well as analyzing the fraud, waste and the abuse of the system.

So, as you can see it’s one of the big changes in health care and if you want to read more then check out this piece from Quanta on the matter. It sheds more light on the subject.